May 2, 2019—Clarios, formerly Johnson Controls Power Solutions, today launches as a new entity and world leader in advanced energy storage solutions. Clarios was acquired by Brookfield Business Partners and operates as a global energy storage business generating $8 billion in revenues with more than 16,000 employees, 56 facilities worldwide and 130 years of expertise. Clarios will build on its leading position in vehicle battery technologies—producing one-third of the automotive industry’s total output per year—while more aggressively exploring ways to meet the fast-growing energy storage needs of tomorrow.
“At Clarios our vision is to power progress by creating the world’s smartest energy storage solutions that benefit people, business, and the planet,” said Joe Walicki, president, Clarios. “As a global leader with a product used in virtually every vehicle from conventional to fully electric, we are well positioned to capitalize on market trends, including a move toward more electrified and autonomous vehicles which are elevating the critical role of the battery and accelerating the need for more advanced batteries. Under Brookfield’s ownership, we can better capitalize on these growing trends and operate with more focus and efficiency.”
The company will maintain its current global manufacturing and operations footprint, including its corporate headquarters in Glendale, Wisconsin.
